What ICMarkets did to my Account

..fair point.

Just all of you take your money out of retail brokers and go into to futures where the playing field is level and safe

Yup just what the CFTC and the futures industry want: for us to give up retail trading and all flock to the futures industry. WHY don't you make the retail industry playing field level and safe for us retail traders instead of us having to change everything that we have learned to go to an industry that has 1/5 of the trading liquidity and volume and yet the 10 times the volatility and the complexity. It's a derivative, for chrissake. You know what's the definition of derivative? It means its value is derived from another underlying instrument. If I want to trade fx, WHY would want to trade something that is based on the fx pair when I can just go directly to the source of the value and trade the actual currency pair that the futures is based on? If I want to trade the Euro, WHY would I want to trade the Euro futures contract when I can just trade the Euro itself in the Spot market? Nobody wants to know how much is Euro going to be 6 months from now; everybody wants to know how much it is worth NOW because people all live in the present. People buy and sell stuff in Euro NOW!! It's money!!

Face it, Retail FX trading is here to STAY whether the futures industry and the CFTC/NFA wants it or not. Retail FX is easy to trade, to the point, clear and with high liquidity and volume. Why would anyone want to trade something else? You might as well make the playing field level and safe in the retail industry; it's better for all of us, the economy, the brokers and us traders. Start by getting rid of the leverage cap, allow hedging, get rid of the FIFO rule, start auditing the bank accounts of the retail brokers to make sure the client funds are REALLY in a segregated bank account separate from the broker's operating funds account(s), monitor the brokers' trading practice to forbid stop-hunting, front-running, trading against clients and one-sided slippage practice and that would be a good start.

Good trading!

windsor brokers do not give margin calls and do not close your positions

they allow you to hold your positions for 2-4 weeks to give you time to fund again

they are good broker

can you add martingale activation option?

Here we go...all the fake post by ICMarkets representatives are out. What a useless Broker!! Hey, don't waste your time posting your bad experience here...ICMarkets own this site. Try and post at Forex peace Army and let them investigate your problems with this piece of crap Broker.

So bottom line did they screw Forex Dao or not?

I had quite nice experience with them. Server only disconnected once like half an hour after fomc news. I did more than one withdrawal however I never withdrew more than deposited.

My opinion is so far so good.

And no I do not work for them

Well from the screenshot that Forex Dao has posted, to me, it does not seem that IC Markets did anything dishonest against Forex Dao. I still appreciate all the information that have been posted about this broker. It keeps us informed and be vigilant. You can NEVER be too comfortable or trusting with anybody who handles your money no matter how big or small they are and no matter how long you have been with them. All you have to do is look at Bernie Madoff. He was one of the founder of NASDAQ. He almost single-handedly founded an ENTIRE exchange! Look what happened to the people who gave him money.

The only thing I can report about IC, is that their slippage is higher than with my old Admiral Markets account (which, I guess, wasn't really ECN, at least the older accounts were clearly MM). But until now I can't report crashes or scam.

im dumping this thread because i was looking to move to icmarkets and this is the type of 'feedback' that deceive users perception when choosing a broker.

you had totally 8.5 lots open with just a 6000$ account, without any stop losses, to scalp 30/60 pips by looking at the TP price, for those small pips of profit you were even working on some low timeframe, you keept the trades open over the weekend and you obviously got margin called. next logical thing to do is come here and blame the broker as it's their fault.

i noticed now you even had trades going on the opposite direction, is this supposed to be the inlogical thing that people call martingale where you open a bigger trades in the opposite direction if one trade is losing and you keep going on until you win or you get straight margin called?

damn, i never tought to say that, but im happy you took this loss, for the simple fact you cant look at yourself and admit the errors you made. when i made my first big loss i didnt blame my broker, i was humble enough to learn from it.

EDIT: checked few broker charts and i can only see the same thing; market open after weekend, make a huge gap, made a movement of 120pips in just 1 hour and i only wonder how big spreads were at that time.
also it's important to mention, few brokers had put some limits when trading CHF pairs, because some predicted a possible situation as the one happened on 15 january. in other words, im still not surprised of what happened to you.

Really? I should read reviews about HotForex more attentively, I have not met any mention about its breaches.

please read and comment on my new thread http://www.forexfactory.com/showthre...85#post8450985 im exposing broker fraud practices!!!

Closed my acc with them as well to many strange ticks on CFDs for my liking.

FX OIL and Gold was also a strange feed when compared to other data sources. made a lot of spikes.

Due to this and a crazy CFD spread issue i had to wait 5 days to get a refund back... i closed my acc.

i was thinking of opening with ic but i dont think i will now after what ive been reading.
i am looking at dmm fx or ig markets but prefer tight spreads. is there any true ecn brokers in aus?

damien

you three are so dead retarded that replying is a waste of time